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THE INTERPRETATION OF ESSENTIAL FACILITIES AND THE POSTAL SERVICES (A nelkulozhetetlen eszkozok ertelmezese es a postai szolgaltatasok)

100%
Valentiny P., Kiss K. M.
Kozgazdasagi Szemle (Economic Review)
|
2009
|
vol. 56
|
issue 11
1001-1024
EN
The study challenges the essential facilities doctrine in theory and in practice. It has been present in the United States in regulatory literature and judicial and legislative practice since 1912, and it has been adopted in EU competition and sectoral regulation as well. The doctrine was devised for competition regulation, but it is becoming commoner for it to be cited in the regulation of network services as well. There have been numerous debates on its prospective role during the development of a new regulatory system for postal services - the last of the network services to be liberalized. The study begins by describing the main variant interpretations of the concept, before using the example of the United States to present the development of the doctrine and the change in its position in competition regulation. The differences over essential facilities in EU competition and regulation are explained in practice. The authors go on to look at Hungarian usage of the concept of essential facilities and to outline the debates and regulatory practices in the field of postal services.
2

TAKEOVERS IN A TRANSFORMING MARKET (Vallalatfelvasarlasok egy kialakulo piacon)

100%
Vincze P.
Kozgazdasagi Szemle (Economic Review)
|
2009
|
vol. 56
|
issue 1
69-83
EN
Firms in market economies are objects of purchase and sale, and purchases and mergers of them count as everyday business transactions. Ownership of firms in the Hungarian economy and purchases and mergers of them count as everyday business transactions, with ownership of such firms changing continually for the past two decades. Initially the typical form of change was privatization of state property, but ownership changes within the privately owned sector have steadily spread to become almost the exclusive form since the completion of privatization. The paper is concerned with market events in the new, developing type of transaction. Takeover processes in this country show the appearance of investment and transaction types typical of market economies, along with a system of regulating and monitoring them. But there is still only fragmentary information available on the effects these transactions have on competitive position and corporate performance.
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